REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

For Sale|QuadruplexActive

2940 Peppertree, Costa Mesa, CA 92626

  • 3,551 sq ft
  • Built 1960

MLS# OC26065926 · Listed Apr 1, 2026 · 185 Days On Site

The home

About 2940 Peppertree

This prime 4-plex in Costa Mesa’s coveted Mesa Verde neighborhood offers a stable investment with significant upside potential. The property features four units, including two single level residences and two upper units, offering a versatile layout attractive to a wide range of tenants. This property benefits from a more residential feel while maintaining strong income potential. Each unit includes a one car garage, with additional street parking available. A spacious front yard with a grass lawn enhances curb appeal and provides a welcoming setting. Ideally situated just five miles from the coast, this property offers convenient access to premier destinations including South Coast Plaza, Orange Coast College, the OC Fairgrounds, Triangle Square, and the vibrant shopping and dining. A rare opportunity to own a well-located, income-producing property in one of Costa Mesa’s most sought-after communities.

Property details for 2940 Peppertree

This fourplex sits in the Mesa Verde by Dike/Colegrove neighborhood of Costa Mesa in Orange County. It offers 3,551 square feet of living space and is listed at $2,250,000, about $634 per square foot. The home was built in 1960. The MLS record lists the assessor parcel number as 139-203-20. Highlights include a four-car garage. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$2,250,000
Days On Site
185 Days
Bedrooms
N/A
Inside Area (SqFt)
3,551 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1960
MLS® Number
OC26065926
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

General Features

Property Type
Quadruplex
MLS Number
OC26065926
Year Built
1960
Lot Size (sq ft)
6,098
Lot Size (acres)
0.14
Levels
Two
Garage Spaces
4
Parking Spaces
8
Parcel Number
13920320
On Market Date
2026-04-01
Listing Terms
Standard

Interior Features

Appliances
Dishwasher, Disposal, Water Heater
Fireplace
None
Laundry
Inside
Entry Level
1
Common Walls
One Common Wall

Exterior Features

Roof
Composition, Flat
Lot Features
Front Yard, Level, Rectangular Lot
Parking
Door Single, Driveway, Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Faces
West
Units
4

Community Features

Subdivision
Mesa Verde by Dike/Colegrove (MTDC)
Community Features
Curbs, Street Lights, Suburban, Sidewalks
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 2940 Peppertree

DateEventPriceNote
Apr 1, 2026 Listed for sale $2,300,000

Cost of ownership

Estimated monthly payment

7.03% · 30-yr fixed
$
$17,263/mo
10% down · 30-year fixed · $225,000 down
Principal & interest$13,513
Mortgage insurance (est., over 80% LTV)$844
Property tax (est. 1.2%)$2,250
Home insurance (rough est., varies widely)$656
HOANot reported, not included
$14,918/mo
20% down · 30-year fixed · $450,000 down
Principal & interest$12,012
Property tax (est. 1.2%)$2,250
Home insurance (rough est., varies widely)$656
HOANot reported, not included
$13,416/mo
30% down · 30-year fixed · $675,000 down
Principal & interest$10,510
Property tax (est. 1.2%)$2,250
Home insurance (rough est., varies widely)$656
HOANot reported, not included
Estimated carrying cost
$2,906/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.2%)$2,250
Home insurance (rough est., varies widely)$656
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Costa Mesa rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 2940 Peppertree

Want to see 2940 Peppertree in person? We have guided buyers through Mesa Verde by Dike/Colegrove and the wider Costa Mesa market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 2940 Peppertree

Thinking of selling nearby? We bring current Mesa Verde by Dike/Colegrove sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

About Costa Mesa

Costa Mesa sits on the coastal tableland of central Orange County, bordered by Santa Ana, Huntington Beach, and Newport Beach, with its southern edge about a mile from the Pacific. South Coast Plaza, the Segerstrom Center for the Arts, the Orange County Fairgrounds, Orange Coast College, and the Eastside and Mesa Verde neighborhoods all fall within the Newport-Mesa Unified School District.

Location

Location

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Listed by John Kelly of Seven Gables Real Estate

Listing information updated Jul 13, 2026 at 3:41 PM PT. Source: CRMLS.

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